Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE (Tables)

v3.21.1
NET LOSS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2021
NET LOSS PER SHARE  
Reconciliation of net loss per common share

 

 

 

 

 

    

Three Months Ended

 

 

March 31, 2021

Common stock subject to possible redemption

 

 

  

Numerator: Earnings allocable to Common Stock subject to possible redemption

 

 

  

Interest earned on marketable securities held in Trust Account

 

$

61,910

Unrealized gain on marketable securities held in Trust Account

 

 

9,455

Net loss allocable to shares subject to possible redemption

 

$

71,365

Denominator: Weighted Average Common stock subject to possible redemption

 

 

  

Basic and diluted weighted average shares outstanding

 

 

19,801,982

Basic and diluted net income per share

 

$

0.00

 

 

 

 

Non-Redeemable Common Stock

 

 

  

Numerator: Net Loss minus Net Earnings

 

 

  

Net Loss

 

$

(51,352,965)

Net loss allocable to Common stock subject to possible redemption

 

 

(71,365)

Non-Redeemable Net Loss

 

$

(51,424,330)

Denominator: Weighted Average Non-Redeemable Common Stock

 

 

  

Basic and diluted weighted average shares outstanding

 

 

8,948,018

Basic and diluted net loss per share

 

$

(5.75)